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Real Estate Briefing: Young Buyers Hesitate on Mortgages as Land Auctions Diverge and Projects Accelerate

The real estate market is showing mixed developments in demand, capital flows and access to housing. Apartment prices have risen far beyond the savings capacity of many buyers, while fluctuating mortgage rates, reaching 12.4% per year in one case, have made young people cautious about taking on loans lasting decades despite their desire for home ownership. Many developers are also seeking to transfer projects to recover capital and reduce financial pressure, while buyers are prioritizing assets that can be deployed quickly and generate cash flow. HoREA has proposed adding a mechanism allowing investors to negotiate for land-use rights to the draft Land Law, with the aim of removing obstacles for thousands of commercial housing projects. Land auctions continue to attract attention, but prices are becoming increasingly differentiated. A plot of more than 3,300 square meters in the Him Lam Thach Ban residential area in Long Bien is scheduled for auction on December 5, with a starting pr...

Daily Real Estate Briefing: Project Transfers, Social Housing and New Planning Developments

The real estate market is seeing several notable developments as financial pressure prompts some developers to seek project transfers to recover capital, while buyers prioritize assets that can be deployed quickly and generate cash flow. From a policy perspective, HoREA has proposed adding a mechanism allowing investors to negotiate for land-use rights to the draft Land Law, with the aim of removing obstacles for thousands of commercial housing projects. In Ho Chi Minh City, nearly 110 hectares in the expanded Le Minh Xuan Industrial Park is planned for conversion to social housing, with groundbreaking expected on December 30 after legal procedures are completed. The city also recorded 3,297 apartments in commercial projects purchased by foreign organizations and individuals from after the merger through the end of October, of which 316 units had received ownership certificates. Supply and investment activity continue to expand in several localities. The project of nearly 3,800 apart...

Real Estate News Highlights: Rising Supply, Expanding Foreign Capital and Accelerating Urban Planning

The real estate market is seeing a series of notable developments in major urban areas. In Ho Chi Minh City, foreign organizations and individuals have purchased 3,297 apartments in commercial projects from after the merger through the end of October, including 316 units that have been issued ownership certificates. In contrast, nearly 3,800 vacant apartments in the Thu Thiem new urban area have been given a starting auction price of approximately VND 18.253 trillion. The shophouse market is also under pressure, as many properties in Ho Chi Minh City are seeking new tenants because brands are facing difficulties in their business operations. Meanwhile, some investors continue to hold their properties despite annual borrowing costs of up to 12.4 percent, expecting the market to recover next year. Supply and urban planning remain key topics in several localities. Hanoi is forecast to see around 35,000 apartments launched in 2027, concentrated mainly in suburban areas. The city is also ...

Key Real Estate Updates: Shophouse Returns, Social Housing and New Supply

The real estate market is seeing notable developments in Ho Chi Minh City and Hanoi. Toward the end of the year, a wave of shophouse tenants returning premises has intensified in Ho Chi Minh City as many brands face business difficulties. In contrast, the city has proposed shortening the approval process for social housing projects by removing the requirement for subdivision planning, with the aim of expanding land availability and increasing supply. Ho Chi Minh City is also planning a logistics hub network at 10 major gateways, including Cat Lai, Long Binh, Linh Trung, Hiep Phuoc, Cu Chi, Hoc Mon and Tan Son Nhat Airport. However, VARS warned that applying a land price table with the K coefficient could raise land-use fees at some projects by two to 2.6 times, putting pressure on investment costs and real estate supply. In Hanoi, more than 6 hectares of land near Giap Bat Bus Station is being converted for a shopping center and parking facilities. The Bac Thang Long Urban City proje...

Daily Real Estate Briefing: Social Housing, New Supply and Rising Land Costs

The real estate market is facing the need to balance legal controls, supply expansion and housing affordability. Many experts warn that a proposed ban on transferring future homes before completion could affect buyers’ rights and lead to frozen market liquidity. Meanwhile, VARS said that applying a land price table with a K coefficient could increase land-use fees at some projects by two to 2.6 times, putting pressure on investment costs and property supply. In contrast, experts have proposed optimizing design and apartment sizes, while developing transit-oriented urban areas under the TOD model to bring home prices within buyers’ reach. In major cities, new policies and projects are expected to add supply. Ho Chi Minh City has proposed shortening approval procedures for social housing projects by removing the requirement for detailed subdivision planning, thereby reducing waiting times and increasing land availability for this segment. Hanoi is preparing to receive applications for ...

Real Estate News Roundup: Social Housing, Logistics and Tourism Supply Gain Momentum

The real estate market is recording notable developments across residential, commercial, logistics and resort segments. In Hanoi, hotel supply is expected to expand strongly from 2027, with 48 new projects potentially adding more than 7,000 rooms, according to Savills. The city is also preparing to receive applications for more than 300 social housing units near Hoa Lac Hi-Tech Park from December 2, with prices starting at VND 880 million per unit. From an urban development perspective, experts believe that optimizing design, apartment sizes and transit-oriented development could help bring housing prices within more affordable levels. Meanwhile, VARS warned that applying the land price table with the K coefficient could increase land-use fees by two to 2.6 times at some projects, putting pressure on investment costs and real estate supply. In Ho Chi Minh City, plans are taking shape for a logistics hub network at 10 major gateways, including Cat Lai, Long Binh, Linh Trung, Hiep Phuo...

Daily Real Estate Briefing: Ho Chi Minh City Logistics, Rising Land Costs and New Projects

Today's real estate landscape saw notable developments in urban planning, logistics infrastructure and industrial property. Ho Chi Minh City is planning a network of logistics hubs at 10 major locations, including Cat Lai, Long Binh, Linh Trung, Hiep Phuoc, Cu Chi, Hoc Mon and Tan Son Nhat Airport. The city has also approved the conversion of more than 15.6 hectares of agricultural land in Binh Trung and Cat Lai for a housing project, while targeting the relocation, demolition and reconstruction of 64 old apartment buildings comprising 8,577 units during the 2026-2030 period. In the North, the first phase of Tay Pho Yen Industrial Park, covering nearly 500 hectares, has been launched in Thai Nguyen. In Quang Tri, the more than 167-hectare U Bo Mountain and Thac Chuoi Lake eco-tourism complex, with total investment exceeding VND16.23 trillion, has also broken ground. At the same time, costs are becoming a major concern as industrial land rents in some areas have risen by more than 1...

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